About The RoleWe are looking for a Senior Operational Risk Specialist to oversee and assess operational risks across the holding company and its subsidiaries. The role focuses on reviewing departmental workflows, identifying process gaps, evaluating internal controls, and recommending improvements to strengthen operational efficiency and minimize potential risks. The ideal candidate will work closely with different business functions to ensure effective risk monitoring and continuous process improvement.
Key Responsibilities▪ Monitor operational dependencies and workflows across different departments to identify potential risks, control gaps, and operational inefficiencies.
▪ Conduct gap analyses to assess existing processes against internal policies, procedures, and control requirements.
▪ Review, evaluate, and revise departmental workflows to ensure proper controls, accountability, and process efficiency.
▪ Assess operational risks across business functions and recommend appropriate mitigation measures.
▪ Conduct periodic reviews of operational processes to identify weaknesses, inconsistencies, and areas for improvement.
▪ Evaluate the effectiveness of existing internal controls and recommend enhancements where necessary.
▪ Coordinate with department heads and relevant stakeholders to understand operational processes and address identified gaps.
▪ Prepare risk assessment reports, document findings, and follow up on the implementation of corrective actions.
▪ Support the development and improvement of operational risk policies, procedures, and control frameworks.
▪ Monitor the implementation of agreed recommendations to ensure sustainable process improvements.
Requirements▪ Bachelor's degree in Business Administration, Finance, Economics, or a related field.
▪ 3–4 years of relevant experience in Operational Risk, Business Risk, Internal Controls, Process Improvement, or a similar role.
▪ Previous experience within an NBFI, asset management company, investment firm, or banking institution is highly preferred.
▪ Preferably, exposure to financial risk management and regulated financial services.
▪ Strong understanding of business operations, process flows, and internal control mechanisms.
▪ Excellent analytical, problem-solving, and gap-analysis skills.
▪ Strong communication and stakeholder management skills.
▪ Ability to identify operational weaknesses and translate findings into practical recommendations.
▪ Strong reporting, documentation, and presentation skills.
Preferred Backgrounds▪ Holding companies and their subsidiaries.
▪ Non-Banking Financial Institutions (NBFIs).
▪ Asset Management and Investment Firms.
▪ Banking and Financial Services.
